PHOENIX—The Old Town Scottsdale submarket is hot and isn'tshowing any signs of slowing down, according to ChrisLatvaaho of Cushman & Wakefield of Arizona,Inc. The company just negotiated leases totaling 24,486square feet for a commercial real estate advisory firm and amedical care company at 4141 N. Scottsdale Rd.
Fresenius Medical Care of Waltham, Mass.,signed a 12-year lease for 15,317 square feet. Fresenius providesdialysis treatment through a network of more than 1,800 facilitiesnationwide. Keyser signed a 6-year lease for9,169 square feet. It is relocating from 1048 N. 48thSt. in Phoenix.
The submarket is technically South Scottsdale, but encompassesOld Town Scottsdale.
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